2025-05-14T15:15:56-05:00 2024-12-31 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2024-01-01 060655039 NUTMEG STATE FINANCIAL CREDIT UNION NUTM 8605135000 500 ENTERPRISE DRIVE 4A ROCKY HILL CT 06067 CRAIG KNELL CHIEF FINANCIAL OFFICER 8605135000 2025-05-14 1 0 THOMAS GOLDFUSS CPA P01373588 8605223111 2024 2025-03-06 01:10:19Z CRAIG KNELL 500 ENTERPRISE DRIVE 4A ROCKY HILL CT 06067 42083890 0 X WWW.NUTMEGSTATEFCU.ORG X CREDIT UNION 1936 CT TO CREATE MULTI-GENERATIONAL PROSPERITY BY PROVIDING INCLUSIVE AND EQUITABLE ACCESS TO FINANCIAL PRODUCTS, SERVICES AND EDUCATION. 7 7 141 0 491177 0 0 0 31323728 34954717 2723912 6990064 0 208561 34047640 42153342 0 0 0 0 13057249 13588509 0 0 0 18847376 26080124 31904625 39668633 2143015 2484709 584719438 697084624 512249732 616759819 72469706 80324805 TO CREATE MULTI-GENERATIONAL PROSPERITY BY PROVIDING INCLUSIVE AND EQUITABLE ACCESS TO FINANCIAL PRODUCTS, SERVICES AND EDUCATION. 0 0 TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERS WITH LOW INTEREST RATE LOANS AND HIGH DIVIDEND RATE SHARE ACCOUNTS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 71 0 141 1 1 1 0 0 0 0 0 1 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 CT X THE ORGANIZATION 8605135000 500 ENTERPRISE DRIVE 4A ROCKY HILL CT 06067 JOHN HOLT CHIEF EXECUTIVE OFFICER 40.00 X 1040824 0 50078 PATRICK AHERN PRESIDENT, CHIEF OPERATING OFFICER 40.00 X 552702 0 50339 MARK CORNACCHIO STRATEGIC ADVISOR 40.00 X 306813 0 16246 HEATHER GATES SVP, CHIEF LENDING OFFICER 40.00 X 299863 0 61323 VINCENT ANGELILLO SVP SALES & MARKETING, CHIEF EXPERIENCE OFFICER 40.00 X 293150 0 24528 CRAIG KNELL SVP, CHIEF FINANCIAL OFFICER 40.00 X 278382 0 24971 ROBIN DEL VECCHIO SVP TECHNOLOGY & OPERATIONS 40.00 X 266750 0 60892 KENNETH LAWLESS DIRECTOR, INFORMATION TECHNOLOGY SERVICES 40.00 X 194522 0 22446 KYLE CHRISTOPHER DAHN DIRECTOR OF ACCOUNTING 40.00 X 168591 0 4573 JAVIER ROMAN DIRECTOR MEMBER SUCCESS 40.00 X 164937 0 17806 JULIE ELDRIDGE DIRECTOR, PEOPLE AND CULTURE 40.00 X 160386 0 20601 SHANON PETERS DIRECTOR, ENTERPRISE RISK MANAGEMENT 40.00 X 146043 0 41454 PATRICK O'NEILL INFORMATION SECURITY ANALYST 40.00 X 134063 0 20252 KATY LITTLE DIRECTOR, CONSUMER LENDING 40.00 X 131331 0 18558 DANIELLE JACK DIRECTOR OF ADMINISTRATION 40.00 X 129398 0 17214 DEVIN OBEDZINSKI FINANCE DIRECTOR 40.00 X 123567 0 47937 AL FESTINI STRATEGIC PARTNERSHIPS 40.00 X 161381 0 0 SHANE DUGAN COMMERCIAL AND MORTGAGES 40.00 X 157457 0 18329 DR LUIS RAMOS CHAIR 1.00 X 14253 0 0 WALLACE ABRAMSON DIRECTOR EMERITUS 1.00 X 7800 0 0 PJ CIMINI ESQ GOVERNANCE COMMITTEE CHAIR 1.00 X 0 0 0 MIKE PETTI VICE CHAIR 1.00 X 13467 0 0 MARIA DEMARCO SUPERVISORY COMMITTEE CHAIR 1.00 X 7800 0 0 MIKE GODBOUT TREASURER 1.00 X 3367 0 0 BETH BUNKO SECRETARY 1.00 X 1394 0 0 STEVEN HERNANDEZ ESQ 2GEN COMMITTEE CHAIR 1.00 X 5200 0 0 4763441 0 517547 23 0 1 0 ALKAMI TECHNOLOGY INC 5601 GRANITE PARKWAY 120 PLANO TX 75024 TECHNOLOGY SERVICES 634048 BUSINESS DATA INC 321 N OAK STREET INGLEWOOD CA 90302 CLOUD STORAGE 465923 MKS 500 ENTERPRISE 500 ENTERPRISE DRIVE ROCKY HILL CT 06067 BUSINESS SERVICES 457914 CSB CONSTRUCTION INC 4 INDUSTRIAL CIRCLE HAMDEN CT 06517 CONSTRUCTION 380463 TRANSUNION LLC 555 W ADAMS STREET CHICAGO IL 60661 CREDIT REPORTS 235401 28 INTEREST ON LOANS 522100 29011586 29011586 OTHER OPERATING INCOME 900099 5451954 5451954 UNRELATED BUSINESS INCOME 900099 472150 472150 UNRELATED BUSINESS INCOME 524298 19027 19027 34954717 4741702 4741702 208561 0 208561 208561 208561 2178910 -69452 2248362 2248362 2248362 42153342 36920463 491177 4741702 4045395 6988889 775729 934552 843944 370188 2449482 2978648 348916 5000 9790114 799383 185638 PROVISION FOR CREDIT LO 2656989 PROFESSIONAL AND OUTSID 1877735 CREDIT CARD PROCESSING 1868943 LOAN SERVICING AND REWA 1594127 1154961 39668633 3008629 28127906 1739071 4099826 444855784 552099773 21147138 15320799 8641167 5826339 86893374 83210259 1970000 4362440 37611413 19358081 584719438 697084624 7299476 8779160 15000000 17600000 489950256 590380659 512249732 616759819 X 0 0 0 0 72469706 80324805 72469706 80324805 584719438 697084624 X 2484709 22092 -3515714 8864012 X 0 1 X 1 0 2057900 2057900 5908137 3072662 2835475 2062061 1890871 171190 11011138 10357266 653872 107902 107902 5826339 NCUSIF DEPOSIT 4550010 C CERTIFICATES OF DEPOSIT 6335583 C FEDERAL AGENCY SECURITIES 33114470 F FHLB INVESTMENTS 1049700 C FEDERAL RESERVE BANK 35727184 C ALL OTHERS 2433312 C 83210259 MEMBER SHARES 584192424 LEASE LIABILITIES 6188235 590380659 X 1 1 X X X 1 1 0 JOHN HOLT CHIEF EXECUTIVE OFFICER 528124 0 257409 0 255291 0 13800 0 36278 0 1090902 0 0 0 PATRICK AHERN PRESIDENT, CHIEF OPERATING OFFICER 407370 0 145332 0 0 0 13800 0 36539 0 603041 0 0 0 MARK CORNACCHIO STRATEGIC ADVISOR 306813 0 0 0 0 0 6923 0 9323 0 323059 0 0 0 HEATHER GATES SVP, CHIEF LENDING OFFICER 236038 0 63825 0 0 0 9368 0 51955 0 361186 0 0 0 VINCENT ANGELILLO SVP SALES & MARKETING, CHIEF EXPERIE 234806 0 58344 0 0 0 9392 0 15136 0 317678 0 0 0 CRAIG KNELL SVP, CHIEF FINANCIAL OFFICER 223158 0 55224 0 0 0 8926 0 16045 0 303353 0 0 0 ROBIN DEL VECCHIO SVP TECHNOLOGY & OPERATIONS 205250 0 61500 0 0 0 8210 0 52682 0 327642 0 0 0 KENNETH LAWLESS DIRECTOR, INFORMATION TECHNOLOGY SER 176168 0 18354 0 0 0 7047 0 15399 0 216968 0 0 0 KYLE CHRISTOPHER DAHN DIRECTOR OF ACCOUNTING 147928 0 20663 0 0 0 4438 0 135 0 173164 0 0 0 JAVIER ROMAN DIRECTOR MEMBER SUCCESS 144902 0 20035 0 0 0 2878 0 14928 0 182743 0 0 0 JULIE ELDRIDGE DIRECTOR, PEOPLE AND CULTURE 141315 0 19071 0 0 0 5653 0 14948 0 180987 0 0 0 SHANON PETERS DIRECTOR, ENTERPRISE RISK MANAGEMENT 128130 0 17913 0 0 0 3844 0 37610 0 187497 0 0 0 PATRICK O'NEILL INFORMATION SECURITY ANALYST 133113 0 950 0 0 0 5324 0 14928 0 154315 0 0 0 DEVIN OBEDZINSKI FINANCE DIRECTOR 123004 0 563 0 0 0 4920 0 43017 0 171504 0 0 0 AL FESTINI STRATEGIC PARTNERSHIPS 161381 0 0 0 0 0 0 0 0 0 161381 0 0 0 SHANE DUGAN COMMERCIAL AND MORTGAGES 134720 0 22737 0 0 0 5389 0 12940 0 175786 0 0 0 PART I, LINES 4A-B AL FESTINI RECEIVED A SEVERANCE PAYMENT OF $161,381 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CREDIT UNION CONSIST OF INIDIVIDUALS AND BUSINESSES MAINTAINING DEPOSIT REQUIREMENTS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS IN GOOD STANDING MAY VOTE FOR DIRECTORS AS THEIR TERMS EXPIRE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS APPROVE DECISIONS OF THE GOVERNING BOARD IN ACCORDANCE WITH THE CREDIT UNION BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED WITH THE CEO AND CHAIRMAN OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT ON INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 OUTSIDE CONSULTANTS ANNUALLY REVIEW PRESIDENT'S/CEO'S COMPENSATION WITH THE BOARD OF DIRECTORS. CEO WORKS WITH A THIRD PARTY TO REVIEW ANNUAL COMPENSATION SURVEYS FOR SENIOR MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ALL GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED FOR VIEWING IN ALL BRANCH LOCATIONS. FORM 990, PART XI, LINE 9: ACQUISITION OF NET ASSETS FROM MERGER 8,864,012. DALAND LLC 49 PUTNAM BLVD 1027 GLASTONBURY CT 06033 860753519 CU CONSULTING SERVICES CT 1651820 0 MOTOR VEHICLE EXPRESS LLC 520 CROMWELL AVENUE ROCKY HILL CT 06067 830772098 PROVIDE CT DMV SERVICES CT 83322 346745 NUTMEG STATE INSURANCE BENEFITS LLC 520 CROMWELL AVENUE ROCKY HILL CT 06067 203848012 SALE OF INSURANCE PRODUCTS CT 19027 566083